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St James Gold Corp V.LORD

Alternate Symbol(s):  LRDJF

St. James Gold Corp. is engaged in the acquisition, exploration and development of mineral resource properties located in Canada. The Company holds a 100-per-cent stake in 29 claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to New Found Gold Corp.’s Queensway North project; and a 100-per-cent stake in nine claims and an option to acquire a further 100-per-cent interest in 19 claims, covering a total 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property. Its Grub Line property is located 3.5 kilometers west of the town of Gander, NL. The Quinn Lake Property comprises two contiguous mineral licenses totaling 700 hectares (ha).


TSXV:LORD - Post by User

Bullboard Posts
Post by GenHandgrenadeon Nov 06, 2018 2:26pm
56 Views
Post# 28932302

News as expected

News as expectedNEWS RELEASE 2018 ANNUAL GENERAL AND SPECIAL MEETING OF THE SHAREHOLDERS RESULTS November 2, 2018 - Vancouver, British Columbia: Bard Ventures Ltd. (the Company or Bard) is pleased to announce the results of the Companys Annual General and Special Meeting held Wednesday, October 31, 2018. The shareholders of the Company elected Eugene Beukman, Sheng (Sam) Wang, James (Jim) Miller-Tait, Ming Jiao and Ning Wu as directors of the Company for the upcoming year. The Company has accepted the resignation of Youliang Wang as a Director effective October 31, 2018. The Board of Directors wishes to express its gratitude to Mr. Wang for his contributions to the Company and wish him well with his future endeavours. The Directors appointed the following officers of the Company: Eugene Beukman, President and Chief Executive Officer and Sheng (Sam) Wang as Chief Financial Officer. In accordance with the policies of the TSX Venture Exchange (the Exchange), the Companys 2018 Stock Option Incentive Plan was approved by its shareholders at the Meeting, and is subject to the approval of the Exchange. Shareholders also passed a special resolution that the Company is authorized and directed to enter into a non-brokered private placement (the Private Placement) with Ning Wu or any of his Affiliates or Associates or persons controlled by him (the Subscribers) of up to 21,818,182 units (the Units) of the Company at a price of $0.11 per Unit for gross proceeds of up to $2,400,000 (the Offering). Each unit will consist of one (1) common share (the Common Share) and one (1) Common Share purchase warrant (a Warrant). Each Warrant will entitle the holder thereof to purchase one (1) Common Share of the Company at an exercise price of $0.11 per Common Share for a period of two (2) years from the date of closing. The Company intends to use the net proceeds from the Private Placement for general working capital purposes. The participation of Mr. Wu is subject to applicable regulatory approvals including the approval of the TSXV in accordance with Policy 4.1 and, as applicable other Policies within the Exchanges Corporate Finance Manual. The Board of Directors and Management would like to thank all shareholders for their support and confidence. On behalf of: Bard Ventures Ltd. Eugene Beukman Eugene Beukman,
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